Papers by Luis Trajtenberg
Middle-Class Entrepreneurs and Their Firms: A Regional View and International Comparison
Cuadernos del CIMBAGE, May 1, 2008
In this paper, we apply semi-parametric techniques in order to analise the distribution of the in... more In this paper, we apply semi-parametric techniques in order to analise the distribution of the income labor by gender. In a preceding analysis (Brufman et al, 2006), in a bivariate dimension, we have related separately Labor income, years of schooling and labor experience, using a nonparametric regression. A serious limitation of this technique is that it does not extend well to more than two variables: this is the well-known course of dimensionality. Now, we include simultaneously both variables as regressors. So, we turn to a semiparametric regression. A partial linear model non-parametrically with z.
Cuadernos del CIMBAGE
Resumen en: Nonparametric techniques have become essential tools for Data Analysis without imposi... more Resumen en: Nonparametric techniques have become essential tools for Data Analysis without imposing prior assumptions. The goal of this paper is to apply these meth...
Cuadernos Del Cimbage, 2008
In this paper, we apply semi-parametric techniques in order to analise the distribution of the in... more In this paper, we apply semi-parametric techniques in order to analise the distribution of the income labor by gender. In a preceding analysis (Brufman et al, 2006), in a bivariate dimension, we have related separately Labor income, years of schooling and labor experience, using a nonparametric regression. A serious limitation of this technique is that it does not extend well to more than two variables: this is the well-known course of dimensionality. Now, we include simultaneously both variables as regressors. So, we turn to a semiparametric regression. A partial linear model non-parametrically with z.
Cuadernos del CIMBAGE, 2020
Se estiman indicadores coincidentes trimestrales del nivel de actividad económica para cada provi... more Se estiman indicadores coincidentes trimestrales del nivel de actividad económica para cada provincia argentina, para el período 1997-2019. Partimos de un conjunto de series correlacionadas con el nivel de actividad, suponiendo que su dinámica responde a la evolución de un solo factor común dinámico no observable. Esta variable latente se estima a partir de modelos factoriales dinámicos. La carencia de datos oficiales y de una metodología homogénea, resalta la importancia de esta herramienta para anticipar estimaciones oficiales y contar con información económica regional. El conjunto de indicadores permite comparar el ciclo económico provincial frente a mismos eventos macroeconómicos, ganando homogeneidad en la herramienta, a costa de la particularidad de la actividad provincial.
Modelo Estacional de Demanda de Energía Eléctrica
espanolEn este trabajo se indaga sobre la presencia de no linealidades en el traspaso (pass- thro... more espanolEn este trabajo se indaga sobre la presencia de no linealidades en el traspaso (pass- through) del tipo de cambio al nivel de precios en nuestro pais. El trabajo analiza el periodo 1960-2012 y propone un modelo economico de descomposicion del proceso inflacionario argentino, en sus principales componentes estructurales: nivel de precios pasado, tipo de cambio, inflacion externa y brecha del producto. Para su formalizacion se trabajara con Modelos Autorregresivos por Umbrales (TAR, segun las siglas del ingles Threshold AutoRegressive). Dicho modelo incorpora impactos diferenciales de uno o mas regresores sobre la variable dependiente, en funcion del cumplimiento de determinadas condiciones que definen la existencia de escenarios diferentes, bajo los cuales se desenvuelve la dinamica del proceso estudiado. EnglishThis paper inquires about the presence of non-linearity in the exchange rate pass- through to price level in Argentina. We analize the inflationary process during the ...
Cuadernos Del Cimbage, 2006
Las técnicas no paramétricas constituyen herramientas esenciales para el Análisis de Datos, sin i... more Las técnicas no paramétricas constituyen herramientas esenciales para el Análisis de Datos, sin imponer supuestos previos. El propósito de este trabajo es aplicar dichas técnicas al estudio de la Distribución del Ingreso Laboral, según género. En la primera parte se aborda el análisis univariado: se ajustan funciones de densidad kernel a las respectivas distribuciones empíricas. Esta técnica constituye un afinamiento de los clásicos histogramas, caracterizados por presentar saltos o discontinuidades y ser sensibles a la forma y amplitud con que se definen los intervalos. El estimador de densidad kernel reemplaza los "rectángulos" del histograma por "protuberancias" suavizadas, mediante el uso de funciones de ponderación, denominadas kernels. Permite captar diferencias en tramos específicos de la distribución, según el interés del investigador. En la segunda parte se efectúa un análisis bivariado. Se utiliza la Regresión No Paramétrica como alternativa de los modelos tradicionales de la Econometría: no presupone estructura alguna para la distribución del término de error o para la forma funcional que se estima. Los métodos no paramétricos aplicados al estudio del Ingreso Laboral de hombres y mujeres separadamente intentan detectar la existencia de la tan mentada "desigualdad salarial" según género. La variable es analizada según quintiles y se la cruza con variables relevantes, como son Educación y Experiencia Laboral, a los efectos de estimar funciones de regresión e inferir relaciones de causalidad. Los datos provienen de la Encuesta Permanente de Hogares, Ondas 1999 a 2003. Palabras claves: histograma, amplitud del intervalo, función de densidad kernel, ancho de banda, parámetro de suavizado.
SSRN Electronic Journal, 2012
Documents published in the IDB working paper series are of the highest academic and editorial qua... more Documents published in the IDB working paper series are of the highest academic and editorial quality. All have been peer reviewed by recognized experts in their field and professionally edited. The information and opinions presented in these publications are entirely those of the author(s), and no endorsement by the Inter-American Development Bank, its Board of Executive Directors, or the countries they represent is expressed or implied. This paper may be reproduced with prior written consent of the author.
Middle-Class Entrepreneurs and Their Firms: A Regional View and International Comparison
Entrepreneurship in Latin America:A Step Up the Social Ladder?, 2013
SSRN Electronic Journal, 2012
Documents published in the IDB working paper series are of the highest academic and editorial qua... more Documents published in the IDB working paper series are of the highest academic and editorial quality. All have been peer reviewed by recognized experts in their field and professionally edited. The information and opinions presented in these publications are entirely those of the author(s), and no endorsement by the Inter-American Development Bank, its Board of Executive Directors, or the countries they represent is expressed or implied. This paper may be reproduced with prior written consent of the author.
Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch ge... more Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may be saved and copied for your personal and scholarly purposes. You are not to copy documents for public or commercial purposes, to exhibit the documents publicly, to make them publicly available on the internet, or to distribute or otherwise
Estructura productiva y política macroeconómica... III.7 Diferenciales entre los rendimientos de ... more Estructura productiva y política macroeconómica... III.7 Diferenciales entre los rendimientos de bonos del Tesoro de los Estados Unidos y su equivalente en los países con metas explícitas de inflación en
Cuadernos Del Cimbage, 2007
Resumen Las técnicas no paramétricas constituyen herramientas esenciales para el Análisis de Dato... more Resumen Las técnicas no paramétricas constituyen herramientas esenciales para el Análisis de Datos, sin imponer supuestos previos. El propósito de este trabajo es aplicar dichas técnicas al estudio de la Distribución del Ingreso Laboral, según género.
Cuadernos Del Cimbage, 2006
Resumen Las técnicas no paramétricas constituyen herramientas esenciales para el Análisis de Dato... more Resumen Las técnicas no paramétricas constituyen herramientas esenciales para el Análisis de Datos, sin imponer supuestos previos. El propósito de este trabajo es aplicar dichas técnicas al estudio de la Distribución del Ingreso Laboral, según género.
This article explores the relationship between capacity development, innovation and employment dy... more This article explores the relationship between capacity development, innovation and employment dynamics in a sample of 403 industrial firms form different production networks in Argentina. It begins with the idea that the impact of the firms' innovative activities on the dynamics of employment does not depend on isolated efforts but on innovation strategies, understood as a set of coordinated and consistent innovation efforts, once considered the sectoral attributes of the productive network in which the firm operates. We propose a methodology in three stages. First we propose the identification of innovation strategies, on the basis of innovation efforts performed, using a factor and cluster analysis. Secondly, we investigate the effect of absorption and connectivity capacities in determining the strategies using a multinomial regression. Lastly, we analyze the impact of strategies and capacities on employment dynamics. The results of the econometric exercises show that absorpt...
Middle-Class Entrepreneurs and Their Firms: A Regional View and International Comparison
Entrepreneurship in Latin America:A Step Up the Social Ladder?, 2013
Latin American Middle-Class Entrepreneurs and Their Firms: A Regional View and International Comparison
SSRN Electronic Journal, 2000
ABSTRACT Based on a cross-country comparison of dynamic new firms, this paper attempts to charact... more ABSTRACT Based on a cross-country comparison of dynamic new firms, this paper attempts to characterize Latin American middle-class entrepreneurs and their firms. In general, Latin American middle-class entrepreneurs tend to face more difficult conditions in terms of resources and skills acquisition than those belonging to more affluent social strata. They tend to have earlier exposure to business experience since they generally belong to families in which their fathers’ occupation allowed for such exposure, and the universities where they studied are sounder platforms for developing abilities and contacts. Likewise, compared to middle-class entrepreneurs from more developed regions, Latin American middle- class entrepreneurs tend to be less exposed to the business world and entrepreneurial role models. Additionally, they are more likely to rely on a less qualified and less business-specific support network, and initial financing is less accessible to them. The paper summarizes several key policy implications and recommendations derived from the analysis.
Entrepreneurship, Economic Mobility, and Entrepreneurial Propensity: A Regional View Based on the Analysis of Selected Latin American Countries
SSRN Electronic Journal, 2000
ABSTRACT Using household surveys from Argentina, Brazil, Peru, Ecuador, and El Salvador, this pap... more ABSTRACT Using household surveys from Argentina, Brazil, Peru, Ecuador, and El Salvador, this paper assesses the contribution of entrepreneurship to socioeconomic mobility and to understand the main variables associated with entrepreneurial propensity in selected Latin American countries. It is found that, at the aggregate regional level, income mobility is rather modest and that entrepreneurs do not outperform the rest of the population. However, entrepreneurs tend to perform as well as or better than non-entrepreneurs in countries where relative income mobility is moderate. In countries where relative income mobility is rather low, entrepreneurs tend to show less income mobility. Entrepreneurial propensity is rather modest, at 10 percent of the population. University graduates show the highest propensity in most of the countries studied, while women and young people were found to have the lowest entrepreneurial propensity.
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Papers by Luis Trajtenberg